Jump to content
House Price Crash Forum
Sign in to follow this  
Guest Winnie

Pound Up Strongly Today

Recommended Posts

Guest Winnie

Gordon Brown's Peso up today against everything. Eur 1.13 Dollar 1.5, Aussie 1.22

Can any of ypu bright sparks explain or is it a combo of what is happening to those currencies( another US bailout/ EU rate cut/ China dip) rather than any strength in ours?

Share this post


Link to post
Share on other sites

It's your second suggestion, that the other currencies are weaker, not the GBPeso stronger.

I'm really beginning to wish I'd bought the shiny yellow metal some years ago, but what to actually do with it in practical terms held me back, but I guess even if I'd sold it now for GBPesos I'd be laughing. Just going to smack myself in the face now for not listening when people on here suggested it. (ouch, that hurt)

Share this post


Link to post
Share on other sites
Gordon Brown's Peso up today against everything. Eur 1.13 Dollar 1.5, Aussie 1.22

Can any of ypu bright sparks explain or is it a combo of what is happening to those currencies( another US bailout/ EU rate cut/ China dip) rather than any strength in ours?

Prices also deviate from fair value. Sometimes for protracted periods of time and by large amounts. I suspect that this is market noise around a lower fair value rather than a fundamental positive re-assessment of the relative value of Sterling.

Share this post


Link to post
Share on other sites
Gordon Brown's Peso up today against everything. Eur 1.13 Dollar 1.5, Aussie 1.22

Can any of ypu bright sparks explain or is it a combo of what is happening to those currencies( another US bailout/ EU rate cut/ China dip) rather than any strength in ours?

Blinking heck I didn't think things had got that bad. Will have to revisit my emigration plan!

Share this post


Link to post
Share on other sites

Sterling has been in a fairly tight trading range against dollar for nearly three months now. Not worth getting excited about daily movements.

Share this post


Link to post
Share on other sites

Against the US $ and the €, the pound isn't up to where it was a week ago yet.

Highest against the Aussie dollar for nearly a month though. Aussies dollar on the way down?

Share this post


Link to post
Share on other sites
Gordon Brown's Peso up today against everything. Eur 1.13 Dollar 1.5, Aussie 1.22

Can any of ypu bright sparks explain or is it a combo of what is happening to those currencies( another US bailout/ EU rate cut/ China dip) rather than any strength in ours?

Aussie Dollar 1.22???

Share this post


Link to post
Share on other sites
It's your second suggestion, that the other currencies are weaker, not the GBPeso stronger.

I'm really beginning to wish I'd bought the shiny yellow metal some years ago, but what to actually do with it in practical terms held me back, but I guess even if I'd sold it now for GBPesos I'd be laughing. Just going to smack myself in the face now for not listening when people on here suggested it. (ouch, that hurt)

http://www.bullionvault.com/

physical gold ownership, vaulted in 3 locations.

Share this post


Link to post
Share on other sites

Should i buy my Euros now or later in Feb?

I don't think it will be that different then. I think that with no understanding of currency, just in my waters.

Share this post


Link to post
Share on other sites
Gordon Brown's Peso up today against everything. Eur 1.13 Dollar 1.5, Aussie 1.22

Can any of ypu bright sparks explain or is it a combo of what is happening to those currencies( another US bailout/ EU rate cut/ China dip) rather than any strength in ours?

presumably ireland collapsing has something to do with weakening the euro

nationalising banks, chatting to the IMF - how long before ireland is out the Euro - within 6 months?

then the rest to follow

i expect the euro will be a core of countries at some point, based around germany

so - germany, belgium, austria, luxembourg, france, holland

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 285 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.